If you have a rent-controlled apartment in New York City, it may come at a higher price than you realize. As Swedish economist Assar Lindbeck once wrote, "In many cases, rent control appears to.Setting the right rents will ensure that your property is rarely vacant. This means continuous revenue. Keep an eye on the market demand. When the demand is high, you can charge a higher rent. When the demand is muted, you may have to lower the rent to attract tenants.This valuable add-on to your tenant background check will give you additional insights. This is the same resource Heather & Brandon Turner (see book below) add to their RentPrep reports. Understand your tenant’s credit and if they would pass your criteria.The landlord could make a claim through the County Court to recover your rent arrears, without repossessing the property. They can also do this if your business premises have previously been repossessed but you still owe rent arrears. The order that the court makes is called a county court judgment (CCJ).Its business relies on both the fact. But, if something goes awry, a domino effect of delays can occur. Furious complaints from jilted customers-“Ruined my anniversary”; “Don’t Rent Your Wedding.
This video, https://www.youtube.com/watch?v=xZ15mFtEM8M, can also be seen at https://www.youtube.com/channel/UCDbc4FlWO3Xd0rrOQ7IXV6g.A tenant pays money for the right to occupy a rental property, but the landlord remains the owner of the property. That means that any damage done to the unit is a matter of concern to both parties.Remember, the tenant will be in control and your property will be a hostage unless you have something substantial like a security deposit from the tenant. By following these steps along with your normal screening process, you will become a landlord who has better luck with how tenants take care of your property.For this week’s backstory, U-T business reporter mike freeman discusses his story about new 5G mobile networks, which have begun rolling out this year in the U.S. and globally. Q: Why did you write.How Landlords Can Deduct Casualty and Theft Losses from Their Taxes. Landlords & Rental Property Managing Your Landlord Business Rental Property Maintenance Landlord’s Right to Enter Collecting and Returning Security deposits landlord liability issues. rent control, Increases, & More.